| islam., Fin. |
sukuk (Sukuk (Arabic: صكوك, romanized: ṣukūk; plural[a] of Arabic: صك, romanized: ṣakk, lit. 'legal instrument, deed, cheque') is the Arabic name for financial certificates, also commonly referred to as "sharia compliant" bonds. Sukuk are defined by the AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions) as "securities of equal denomination representing individual ownership interests in a portfolio of eligible existing or future assets.  wikipedia.org MichaelBurov) |
